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Dec 1, 2012
12/12
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and will bring the economy to its knees at last temporarily if they don't fix that. you talk to economists on the left, on the right, they would really have agreement. you don't think it is serious? >> cbo said if we go over the fiscal cliff unemployment would be over 9%. if we go over it, it is still going to be over 9%. if we stop, it will be close to 9% only half a point difference which is a lot, i'm not minimizing it. >> it has to do with what the trajectory of growth is in the economy which is critical. the other element here, you're talking about what the republicans should do, gingrich is talking about what the republicans should do. i think they need to come forward with a reasonable proposal, and say look this is what we want. paul ryan who said, the real problem in all of this, yeah taxes, they are going to be disputes about how you get revenue. the real problem is runaway entitlement spending. >> sean: absolutely. >> it is the big elephant in every room. and the republicans say let's do something about it when i talked to obama in july he said, "it is an
and will bring the economy to its knees at last temporarily if they don't fix that. you talk to economists on the left, on the right, they would really have agreement. you don't think it is serious? >> cbo said if we go over the fiscal cliff unemployment would be over 9%. if we go over it, it is still going to be over 9%. if we stop, it will be close to 9% only half a point difference which is a lot, i'm not minimizing it. >> it has to do with what the trajectory of growth is in the...
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i think america's got to think that what it needs to do is get growth in its economy, as well. and it needs to get growth by trade and exporting. and i think what we're missing at the moment is a global agreement whereby the big powers try to work on the economy. you have to have fiscal problems and you also have to have growth. that's the key for the future. there's a global deal waiting to be done, with china, europe, india also involved in this, and of course, america itself, where we could build the confidence that's necessary to get high levels of growth around the world. >> finally, gordon brown, i couldn't let you go without asking your view of the single biggest news story to hit the planet in the last week. it is, of course, the royal baby. >> it's incredibly important that we give them the privacy because her health is a massive issue. but you can see that britain thinks -- we have a monarchy that you can see prince charles and prince william, and the baby that comes from the pregnancy. you can see the monarchy stretching 100 years ahead. >> you certainly can. and lon
i think america's got to think that what it needs to do is get growth in its economy, as well. and it needs to get growth by trade and exporting. and i think what we're missing at the moment is a global agreement whereby the big powers try to work on the economy. you have to have fiscal problems and you also have to have growth. that's the key for the future. there's a global deal waiting to be done, with china, europe, india also involved in this, and of course, america itself, where we could...
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Dec 7, 2012
12/12
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it's not -- it's not better ground for the economy. and, frankly, i find it difficult to see how it's better political ground even for the gop. i figured, i didn't get it. so i figured this was beyond my small political brain to understand. so i asked some of my smarter hill republican friends what the theory was here. they told me the idea is while the president can permit the economy to fall over the fiscal cliff, or curb, whatever you want to call it, he can't allow us to default on our debt. that would, like, destroy the economy. that gives republicans a stronger hand or so they think. but really, think about that. here's how it would go. later this month, republicans would, by voting present, which everyone would think was a bit weird, permit the bush tax cuts to expire for income over $250,000. that would let president obama pocket $1 trillion in tax revenue and secure a win on his key priority in the talks. but they would do nothing else. at the end of the year, we would still go over the fiscal cliff. remember, the bush tax cut
it's not -- it's not better ground for the economy. and, frankly, i find it difficult to see how it's better political ground even for the gop. i figured, i didn't get it. so i figured this was beyond my small political brain to understand. so i asked some of my smarter hill republican friends what the theory was here. they told me the idea is while the president can permit the economy to fall over the fiscal cliff, or curb, whatever you want to call it, he can't allow us to default on our...
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Dec 1, 2012
12/12
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CSPAN
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the economy was beginning to falter during the spring. interest rates were rising. it is interesting to think about that a little. right now, fed reserve policy basically has insulated us from one of the major consequences of fiscal irresponsibility. when interest rates begin to rise, people in the housing industry, people selling durable consumer goods, stuff on credit, they immediately begin to howl. now we have none of that -- really, for the average american out in des moines or wherever, the consequences of our fiscal irresponsibility are not great. you can feel badly that the country has huge deficits and is unwilling to live in its means, but in your day to day life what you are worried about more is do i have a job. you are not worried about inflation because it is very low. one of the great devices that gets the people behind the leaders in trying to tighten our belts is missing. as many people have said, the attention of the nation was not on this topic particularly after august 2, when iraq had invaded kuwait. by august 10 we had deployed naval assets to
the economy was beginning to falter during the spring. interest rates were rising. it is interesting to think about that a little. right now, fed reserve policy basically has insulated us from one of the major consequences of fiscal irresponsibility. when interest rates begin to rise, people in the housing industry, people selling durable consumer goods, stuff on credit, they immediately begin to howl. now we have none of that -- really, for the average american out in des moines or wherever,...
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Dec 1, 2012
12/12
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and the president have held us in abeyance for a year and a half on this issue which has stall the economy, people -- while they sit and lay their game and their vacation everything else, they've stalled the impact. >> the idea of all of the bush tax cuts going away, is a serious thing. here again, the president could win, having them all go over, that's an extraordinarily serious event.ss whether republicans take this offer from yesterday, whether they take it personally or they just say well -- >> greta: you think it is posturing to make it a game? >> i think the first offer from the democrats should have been a couple weeks ago. the first offer had to be really bad, the democrats just won an election, their interest groups everyone that fought and bled for that election feels like they did well they can't give something that negotiates away a lot of what they want going to ask for something unrealistic and hoping to get something back. the first offer has to be rejected out of hand. >> greta: i think it is insulting. >> i think the republicans expected something bad, i just don't think
and the president have held us in abeyance for a year and a half on this issue which has stall the economy, people -- while they sit and lay their game and their vacation everything else, they've stalled the impact. >> the idea of all of the bush tax cuts going away, is a serious thing. here again, the president could win, having them all go over, that's an extraordinarily serious event.ss whether republicans take this offer from yesterday, whether they take it personally or they just say...
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Dec 1, 2012
12/12
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CSPAN2
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>> well,, you know, i like the core metaphor in describing the economy and the interaction of the economy and the society is reinforced. and when we go the rain forest whether it's the pacific northwest or amazon, you have the sense of life around you. the complexity. that's what human society is. right. the rain forest is a self-regulating environment. when we put regulations in we put government regulations in. part of self-regulation. when we self-regulate ourself we create rules for ourself that's self-regulation. we do it through competition. scarce resources. the map thing that keeps the rain forest vibrant is you have the canopy, which in the u.s. economy would be the big firm. the ge, the gm. the walmart all of that. you have the scruff, the small business. but it's the small and growing. it's the things that were small but can challenge the big. it's what happens when the big tree falls over. we have been to the rain forest. the amazing thing new trees grow out of the old. it's a metaphor. it's real. when we lose something big in the economy. it's vital we know how to recon fissi
>> well,, you know, i like the core metaphor in describing the economy and the interaction of the economy and the society is reinforced. and when we go the rain forest whether it's the pacific northwest or amazon, you have the sense of life around you. the complexity. that's what human society is. right. the rain forest is a self-regulating environment. when we put regulations in we put government regulations in. part of self-regulation. when we self-regulate ourself we create rules for...
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Dec 1, 2012
12/12
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MSNBCW
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if you affect it by that price spike, it really does affect day-to-day consumers and our economy and jobs and everything else. >> do you believe the department of justice is capable of mounting this investigation? in a rigorous way? that they have the tools that they need? do they have a track record of investigating stuff like this well? >> they do have the tools they need. why we're asking the department of justice to be involved now, in addition to the ftc, is that the investigative arm of the department of justice can marry up with the regulatory authorities that agencies like the commodities future trading commission have, or other agencies, and do a comprehensive report, you know, approach to get all of the data. this task force existed before when it tried to tackle the enron problem. another area of energy, electricity, but an area where we saw a lot of the same schemes being perpetrated on the public, you know, by people moving supply around or creating images about supply that really weren't true. in this case, it appears that there's some evidence that we want them to inve
if you affect it by that price spike, it really does affect day-to-day consumers and our economy and jobs and everything else. >> do you believe the department of justice is capable of mounting this investigation? in a rigorous way? that they have the tools that they need? do they have a track record of investigating stuff like this well? >> they do have the tools they need. why we're asking the department of justice to be involved now, in addition to the ftc, is that the...
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Dec 4, 2012
12/12
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CSPAN
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economy and they all know it. there is no country in the world for the people in charge do not understand that they benefit from a strong, dependable, secure u.s. economy and energy is the key, i think. >> christine, can i just say something here? i think one program we have done in securing american pricing energy and is something of note that many of us have seen. futurering america's energy, the oil shock wave. i think it speaks to several key messages. just as we did in 2005, they're just as relevant today when we were importing 60% vs. 40% and continuing to go down. they also fall along what senator blunt said house well. but you see from when we have the oil crisis, there is no such thing as energy independence. some fear we define the problem as energy independence and it is all about imported oil. but then we solve a problem. we have been saying we needed to end our dependence on foreign oil, but the truth is we have a dependence on oil and any thing that happens anywhere in the world affects us here. if w
economy and they all know it. there is no country in the world for the people in charge do not understand that they benefit from a strong, dependable, secure u.s. economy and energy is the key, i think. >> christine, can i just say something here? i think one program we have done in securing american pricing energy and is something of note that many of us have seen. futurering america's energy, the oil shock wave. i think it speaks to several key messages. just as we did in 2005, they're...
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Nov 30, 2012
11/12
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CSPAN2
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eye 52
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the economy was beginning to falter during the spring, and interest rates were rising. it's interesting to think about that a little. right now federal reserve policy basically has insulated us from one of the major consequences of fiscal irresponsibility. interest rates began to rise people in the housing industry, people selling durable consumer goods, stuff bought on credit immediately begin to -- right now we have none of that. and really for the average american out in des moines or where ever, the consequences of our fiscal irresponsibility are not great. you can feel badly that the country has huge deficit and is unwilling to sort of live within the means, but in your day-to-day life, what you're worried about more is do i have a job, you aren't worried about inflation. it's low. one of the great signaling device that gets the people behind the leaders in trying to tighten our belts is missing as many people have said, you know, the attention that the nation was not one of the topic particularly after august 2nd when iraq had invaded kuwait. by the 10*9 of august
the economy was beginning to falter during the spring, and interest rates were rising. it's interesting to think about that a little. right now federal reserve policy basically has insulated us from one of the major consequences of fiscal irresponsibility. interest rates began to rise people in the housing industry, people selling durable consumer goods, stuff bought on credit immediately begin to -- right now we have none of that. and really for the average american out in des moines or where...
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Dec 1, 2012
12/12
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CSPAN2
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the economy of the southern northern states was very very different and evey today, the economy in montana im very different from the economy and lower manhattan. and we found a way to deal with that and to regulate it. the same is true in europe in the same is true in china and the same is true in india and brazil. india. same is the same is true and brazil. this country deals with gaps between the rich and poor, agriculture, and earthen industrialize an evolving in much the same way that we're going to have to on the global stage for a the problem has been solved and can be solved. >> host: good afternoon, we have a caller from new york city. >> caller: hello, i'm so happy you're taking my call. my question is this fiscal cliff that we are approaching. if president obama allows it to happen, what kind of catastrophe are you talking about? i'm kind of concerned? so negatively will this affect the industry? how bad will it really be out there on wall street and main street? >> guest: well, let's say there are a bunch of people where the congress is
the economy of the southern northern states was very very different and evey today, the economy in montana im very different from the economy and lower manhattan. and we found a way to deal with that and to regulate it. the same is true in europe in the same is true in china and the same is true in india and brazil. india. same is the same is true and brazil. this country deals with gaps between the rich and poor, agriculture, and earthen industrialize an evolving in much the same way that...
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studies and author of the recent book the middle east water question hydro politics and the global economy also in london we have donna mustafa he is a reader in politics and environment at king's college london and in washington we cross to michael goodwin he is a south asia associate at the woodrow wilson international center for scholars all right gentlemen crosstalk rules in effect that means you can jump in any time one twenty five go to you first in london do you like the term water wars because it's used a lot in media. it sounds good because it's a literal served want to wars but in fact it misleads people into thinking that once you run out of water whatever that means you then automatically reach for a kalashnikov and go to war waters we have seen over the past forty years at least if not more is that when people run out of water that is they haven't got enough water to raise the food that they need at home they're not no longer self-sufficient they then reach for trade because trade is quiet and invisible it doesn't raise any politics a country all the twenty countries of the mi
studies and author of the recent book the middle east water question hydro politics and the global economy also in london we have donna mustafa he is a reader in politics and environment at king's college london and in washington we cross to michael goodwin he is a south asia associate at the woodrow wilson international center for scholars all right gentlemen crosstalk rules in effect that means you can jump in any time one twenty five go to you first in london do you like the term water wars...
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find out what's really happening to the global economy. look at the global financial headlines tune in to the reports. and you can see. the fun to. follow and welcome to crossfire thank you all about dealing with an ever thirsty world media is fond of the dramatic term water wars when it comes to describing the future management of global water resources i wonder valued is water today and how beer will become as countries around the world so dr. koop. says. to talk about what some call the possibility of future water wars i'm joined by tony allen in london he is a professor of geography at the school of oriental and african studies and author of the recent book the middle east water question hi joe paul. in the global economy also in london we have done it he is a reader in politics and environment at king's college london and in washington we cross to michael cottman he is a south asia associate at the woodrow wilson international center for scholars all right gentlemen crosstalk rules in effect that means you can jump in any time one twe
find out what's really happening to the global economy. look at the global financial headlines tune in to the reports. and you can see. the fun to. follow and welcome to crossfire thank you all about dealing with an ever thirsty world media is fond of the dramatic term water wars when it comes to describing the future management of global water resources i wonder valued is water today and how beer will become as countries around the world so dr. koop. says. to talk about what some call the...
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find out what's really happening to the global economy with mike's cause or for a no holds barred look at the global financial headlines tune into cars a report on our. well. kelly. offers an air show and an easy was a matter you. most of the residents never profit from the performances you'll see of coming our signature there when you look up and there's one check in on you he alpha beta gamma he was all the the final trinitarian he's let me out there know what's going on so i can pinpoint. the dirt right now. shells become income mortal danger and a piece of art. stinks and it's just been making him three. bombs. on our team. the gold fever. turns thousands into slaves. but also among brotherhood involved and since i started working at the moment i stated. multinationals. trying to be milked dry at least i think that in this country gold medal as an environmental cost which is unacceptable you know to business was labeled illegal and controlled by criminals in order to protect our lives our families and to work in peace. we are forced to pay protection to illegal groups what price is
find out what's really happening to the global economy with mike's cause or for a no holds barred look at the global financial headlines tune into cars a report on our. well. kelly. offers an air show and an easy was a matter you. most of the residents never profit from the performances you'll see of coming our signature there when you look up and there's one check in on you he alpha beta gamma he was all the the final trinitarian he's let me out there know what's going on so i can pinpoint....
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Dec 5, 2012
12/12
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KCSM
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auto makers are a pillar of the thai economy. with factories ruined production was halted for months. this year has seen a dramatic turn around with record high production as nhk world reports. >> reporter: the thailand international model export is taking place here in bangkok. 38 automobile companies are showing off their new models. thailand's models show is one of the biggest in southeast asia. it kicked up last weekend attracting consumers to a new set of wheels. japan's honda has unveiled an eco friendly new brand for asian markets. rival nissan is showing it is popular compact car with more options to customize the interior of body color. 2012 has been a landmark year for the thai auto industry. annual production passed 2 million units. >> translator: today is the day we celebrate the great success of the local automobile industry. i believe we will be back celebrating production of 3 million units in the very near future. >> translator: we could recover from the floods in a very short period. since the recovery we have re
auto makers are a pillar of the thai economy. with factories ruined production was halted for months. this year has seen a dramatic turn around with record high production as nhk world reports. >> reporter: the thailand international model export is taking place here in bangkok. 38 automobile companies are showing off their new models. thailand's models show is one of the biggest in southeast asia. it kicked up last weekend attracting consumers to a new set of wheels. japan's honda has...
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what's really happening to the global economy. there are no holds barred the global financial headlines. is a report. see a story. you think you understand it and then something else you hear or see some other part of it and realize that everything is. i'm tom hardy welcome to the big show. plenty. plenty. plenty plenty plenty. plenty to. say. and listen to. the so i'm going. to mind you were talking about the politics of one. celebrity and. soon to a mother. and i go back to tony in london in the literature there's a term the age of easy water is over what does that mean. when the population of the world was a million and that was no pressure on resources when it was a billion and about eighteen hundred it also wasn't a really very big pressure on resources although smith was with but nothing else with the fools around at the same time did point out that we were doing difficult things to natural resources. and of course he was right but he was also wrong because as it turned out two hundred years later when the population was. si
what's really happening to the global economy. there are no holds barred the global financial headlines. is a report. see a story. you think you understand it and then something else you hear or see some other part of it and realize that everything is. i'm tom hardy welcome to the big show. plenty. plenty. plenty plenty plenty. plenty to. say. and listen to. the so i'm going. to mind you were talking about the politics of one. celebrity and. soon to a mother. and i go back to tony in london in...
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find out what's really happening to the global economy with. there are no holds barred look at the global financial headlines tune into a report. download the official. language stream quality and enjoy your favorite. t.v. is not required to watch on t.v. all you need is your mobile device to watch on t.v. any time that it. looks good in. science technology innovation all the list of melanin still around russia we've got the future covered. by. the book. if you. please. welcome back to ransack you're about to mind you were talking about the politics of water. if you. live. and i go back to tony in london in the literature there's a term the age of easy water is over what does that mean. when the population of the world was a million that was no pressure on resources well it was a billion and about eighteen hundred it also wasn't a really very big pressure on resources although smith was serious but not those with the fools around at the same time did point out that we were doing difficult things to natural resources. and of course he was right
find out what's really happening to the global economy with. there are no holds barred look at the global financial headlines tune into a report. download the official. language stream quality and enjoy your favorite. t.v. is not required to watch on t.v. all you need is your mobile device to watch on t.v. any time that it. looks good in. science technology innovation all the list of melanin still around russia we've got the future covered. by. the book. if you. please. welcome back to ransack...
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Dec 6, 2012
12/12
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FOXNEWS
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the economy is going to be a disaster. it's only going to get worse under obama. republicans are totally over the barrel because all tax cuts, bush tax cuts expire unless they agree to what is being portrayed as tax cuts for the rich. >> sean: boom. >> of course, let me finish the three points. it's not the rich. it's people who are currently engaged in making money or tax breaks as they say. for the rich i'd be more in favor of tax hikes on the rich. that's warren buffett and john kerry and diane feinstein. this is a tax on people desperately trying to become rich but the truly wish don't want them to. finally, the most important point is in two years we've got to take back the senate. >> sean: i don't want to talk about the election. >> the republicans need to concentrate on making sure this economy gets blamed on obama. there are things they can do like propose tax cuts or rather tax hikes for the truly rich, ie, warren buffett. no more state and low tax deductions. cut out that hollywood foin accounting. let's go after the 1% of the 1%. forget the 1% of income
the economy is going to be a disaster. it's only going to get worse under obama. republicans are totally over the barrel because all tax cuts, bush tax cuts expire unless they agree to what is being portrayed as tax cuts for the rich. >> sean: boom. >> of course, let me finish the three points. it's not the rich. it's people who are currently engaged in making money or tax breaks as they say. for the rich i'd be more in favor of tax hikes on the rich. that's warren buffett and john...
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Dec 4, 2012
12/12
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KRCB
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candidates will outline their view on how to right the japanese economy. they'll outline they're vision for how to supply the country's energy need after the nuclear disaster in fukushima. the official campaign lasts 12 days. voters head to the polls on sunday, december 16th. >>> there's another launch of long rang ballistic miss. >> caller:. there mi missile. north korean officials say the launch will happen between december 10th and 22nd be the rocket will head south. may that he had similar preparations in april. that launch ended in failure. they've given their schedule and planned trajectory to the u.n. in charge of maritime safety. officials with the international maritime organization say the north koreans pn to launch twee 7:00 a.m. and noon local time. the first stage of a three stage missile is expected to fall in the yellow seat west of south korea. the second is expected to land east of the philippines. alerts to shipping companies have been issued. government officials in seoul have seen the scenario before. foreign ministry officials met sepa
candidates will outline their view on how to right the japanese economy. they'll outline they're vision for how to supply the country's energy need after the nuclear disaster in fukushima. the official campaign lasts 12 days. voters head to the polls on sunday, december 16th. >>> there's another launch of long rang ballistic miss. >> caller:. there mi missile. north korean officials say the launch will happen between december 10th and 22nd be the rocket will head south. may that...
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Dec 1, 2012
12/12
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MSNBCW
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they are sailing it because they are sail yant to our economy, the price of gas has an impact on how much pocket change americans have to save or spend on anything else. >> people are not happy this morning. gas prices are going up. many people are flocking to places like this to find the cheapest gas prices around. right now a gallon is going to cost you $4.13. last week it jumped 16 cents. prices are expected to go up another 20 cents in the next few days. >> gas prices go up and down. there's supply and demand. every once in awhile like in that report, there's a dramatic spike. the weird thing about that particular gat spike in may that sparked that report was that that spike was really isolated. gas prices went way up in california, even as gas prices everywhere else were going down. and at the same time that gas prices were going up in california, crude oil prices [ male announcer ] we all make bad decisions. like say, gas station sushi. cheap is good. and sushi, good. but cheap sushi, not so good. it's like that super-low rate on not enough car insurance. pretty sketchy. ♪ an
they are sailing it because they are sail yant to our economy, the price of gas has an impact on how much pocket change americans have to save or spend on anything else. >> people are not happy this morning. gas prices are going up. many people are flocking to places like this to find the cheapest gas prices around. right now a gallon is going to cost you $4.13. last week it jumped 16 cents. prices are expected to go up another 20 cents in the next few days. >> gas prices go up and...
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Dec 5, 2012
12/12
by
CNNW
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economy and if the u.s. economy slows down, dramatically, that spreads like wildfire across the rest of the world. so it's not a couple hundred thousand jobs in the u.s. we're talking about tens of millions of jobs around the world and in an unstable world, i think we have to look beyond -- beyond ideology and get to a solution. >> i would take the clinton tax rates in a heartbeat if i could get the clinton spending rates. but neither side wants to talk about spending. it's not a deal to me if they're not going to talk about spending. same tax rates. >> i agree with you, eric. i think you're right. i wrote about that, too. but i think the president now, he's sort of signaled that he may be looking for some wiggle room here. later this afternoon he said that he wanted the tax rate cut now and he would be happy to look at lowering them again in a bigger package, but i agree with you. i think we have to get serious about these spending cuts. i just applied for social security and i want mine. >> all right. rich
economy and if the u.s. economy slows down, dramatically, that spreads like wildfire across the rest of the world. so it's not a couple hundred thousand jobs in the u.s. we're talking about tens of millions of jobs around the world and in an unstable world, i think we have to look beyond -- beyond ideology and get to a solution. >> i would take the clinton tax rates in a heartbeat if i could get the clinton spending rates. but neither side wants to talk about spending. it's not a deal to...
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Nov 30, 2012
11/12
by
FOXNEWSW
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so the result is the economy gets sicker and weaker. greece, for example, has seen its economy shrink by 7% in the last year. all of european is in recession now. the last official number was the economy actually shrank last month for all of europe as a unit. japan has been stuck for 23 years in a decaying economy. 23 years. and i think we're seeing a pressure in washington for exactly the same pattern. that's what's happening in california, in sacramento. it's what's happening in illinois, in springfield. it's what's happening in new york, in abdominal. it's big government getting bigger and bigger while the private sector gets smaller and smaller, making the debt problems even harder to deal with. >> greta: just so i understand, so do you think the wiser thing for the house republicans, republicans in the senate, is to get a 90-day deal, push things down the road for 90 days, hold hearings in the meantime and do it piecemeal? >> yes. >> greta: or better to push it off the fiscal cliff and take the draconian impact and -- >> they shoul
so the result is the economy gets sicker and weaker. greece, for example, has seen its economy shrink by 7% in the last year. all of european is in recession now. the last official number was the economy actually shrank last month for all of europe as a unit. japan has been stuck for 23 years in a decaying economy. 23 years. and i think we're seeing a pressure in washington for exactly the same pattern. that's what's happening in california, in sacramento. it's what's happening in illinois, in...
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Nov 29, 2012
11/12
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CSPAN
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pro-growth policies that kickstart the economy rather than hurting the economy. likewise, we have laid out a bipartisan plan to address the drivers of our debt in the spending programs. i think house republicans are eager to work and negotiate with democrats in the senate and the president once they figure out what their proposal is to address the fundamental problems. >> my colleagues have laid out the issues very well. republicans want to avert the fiscal cleft in its entirety -- liff in its entirety. what we need is the president to come forward with a plan on how he wants to avert the fiscal cliff. it is irresponsible of us not to deal with the spending issue and simply to push for raising taxes on hard-working american people. many of us come from small- business backgrounds -- family owned businesses. we understand the situation very well. but it isn't -- it is important we not pass this problem along to our children and grandchildren, but we deal with it in a responsible way. the republicans have come forward with a responsible plan and will continue to do
pro-growth policies that kickstart the economy rather than hurting the economy. likewise, we have laid out a bipartisan plan to address the drivers of our debt in the spending programs. i think house republicans are eager to work and negotiate with democrats in the senate and the president once they figure out what their proposal is to address the fundamental problems. >> my colleagues have laid out the issues very well. republicans want to avert the fiscal cleft in its entirety -- liff...
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Dec 5, 2012
12/12
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but the global economy. it would probably kick-fire a fantastic christmas for american businesses and everyone could go to christmas and have a great holy with their family and be grateful to republicans and democrats but if we don't get to christmas with a deal, it's going to ruin everybody's christmas, going to ruin everyone's economy and everyone is going to hate every politician. >> one of the things that we talked about today was the need for certainty, particularly for the business community. we all want the business community to be investing to hiring and as long as there's a lack of clarity in terms of what it's looking like going forward, they're less likely to do that. the other thing we talked about and this is something governor scott walker of wisconsin brought up, we're concerned not just about the fiscal impact but we're also concerned about economic growth. as governor herbert said, we all want to see growth and the president was very interested in that. we talked about, for example, infrastr
but the global economy. it would probably kick-fire a fantastic christmas for american businesses and everyone could go to christmas and have a great holy with their family and be grateful to republicans and democrats but if we don't get to christmas with a deal, it's going to ruin everybody's christmas, going to ruin everyone's economy and everyone is going to hate every politician. >> one of the things that we talked about today was the need for certainty, particularly for the business...
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find out what's really happening to the global economy with mike's cars or for a no holds barred look at the global financial headlines tune into cars a report on our. russia would be so much brighter if you knew more about someone from finest impression in some. news for instance on t.v. dot com.
find out what's really happening to the global economy with mike's cars or for a no holds barred look at the global financial headlines tune into cars a report on our. russia would be so much brighter if you knew more about someone from finest impression in some. news for instance on t.v. dot com.
SFGTV2: San Francisco Government Television
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Dec 5, 2012
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let's get this but do it in a way that exacerbates the uncertain economy. the second -- we have to happen through innovation. whether it is the space program or tax credits for renewable energy. all that is important. we have to keep that going. that will get hard because we will face is demographics. that is my 74th birthday on april 7. i am aware of the and aging population which i have become and we are an aging population relative to what we were. luckily, we have millions of fresh arrivals that are younger and are energetic and they come from all over the world. we have to make sure our education system lifts them to their highest aspirations. when the society ages, it tends to -- it declines. that is the big demographic imperative. i was reviewing one of my favorite books on the roman republic. how did this village on the tiber grow to be the absolute leader of the known world in a few hundred years? it expanded its territory by plunder, by what ever. details. it was not pretty. [laughter] it added people, it kept getting bigger and incorporated the p
let's get this but do it in a way that exacerbates the uncertain economy. the second -- we have to happen through innovation. whether it is the space program or tax credits for renewable energy. all that is important. we have to keep that going. that will get hard because we will face is demographics. that is my 74th birthday on april 7. i am aware of the and aging population which i have become and we are an aging population relative to what we were. luckily, we have millions of fresh arrivals...
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Dec 4, 2012
12/12
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for example, the need for what they call a pro-growth economy, like senator ron johnson. let me play for you what he had to say. >> this president simply doesn't understand that and as a result he's going to punish success, put at risk the economic growth that we really need to create jobs, revenue that we need. >> this is sort of the talking point that we've been hearing all along. is there any indication around capitol hill that there is some softening on that? >> i don't even know what that means, putting -- basically, i believe that the argument is that only by decreasing taxes can you lead to growth. there is a lot of historical evidence that that is not necessarily the case. i think the issue for the gchop right now is whether the tax cuts expire for everyone or whether for only those with income over $250,000. >> let me bring in jim from the national journal. jim, we had a little technical problem there. let me ask you about what she said said. can anything be decided at all until a decision is made about who is going to have tax cuts expire if it's just going to b
for example, the need for what they call a pro-growth economy, like senator ron johnson. let me play for you what he had to say. >> this president simply doesn't understand that and as a result he's going to punish success, put at risk the economic growth that we really need to create jobs, revenue that we need. >> this is sort of the talking point that we've been hearing all along. is there any indication around capitol hill that there is some softening on that? >> i don't...
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Dec 6, 2012
12/12
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the economy's growing two percentage points. subtract 3.5, that is a severe recession. >> if we go off the fiscal cliff with no policy changes the near-term negative economic consequences would be significant and most assuredly throw us into a recession. >> comes a day after treasury secretary tim geithner told cnbc the white house is prepared to go the distance if its demands are not met. >> if republicans do not agree to that, is the administration prepared to go over the fiscal cliff? >> oh, absolutely. again we see there's no agreement that done involve those rates going up on the top 2% of the wealthiest. remember it's only 2%. >> former senator alan simpson, co-founder of the fix the debt campaign, choice words and analysis for would-be cliff jumpers. >> when you have leaders of parties and people from the administration saying, i think it will be to the advantage of the democrats to go off the cliff, wealthy it will be advantage to the republicans to go off the cliff or the president to go off the cliff, that's like betti
the economy's growing two percentage points. subtract 3.5, that is a severe recession. >> if we go off the fiscal cliff with no policy changes the near-term negative economic consequences would be significant and most assuredly throw us into a recession. >> comes a day after treasury secretary tim geithner told cnbc the white house is prepared to go the distance if its demands are not met. >> if republicans do not agree to that, is the administration prepared to go over the...
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going to take on full on the billionaire how would you compare egypt's economy now to. father steve camile some lots more but it. was sixty five point six at central bank now we know still down fifteen point five billion dollars and this is a huge cut that with his own hand if that's even possible and. it affects investors no one will come to invest anything any here in egypt to do these e's fifty six took. a lot of unemployment to do is to add also six too soon we are going to feel sick she was. just continues to be all usual these you just lose a fit all six do so easy of business with the shop now we are divided into two parts so it isn't quite as a political force in one hand and muslim brotherhood in as one hand whom we all in the thirty six when you read it think you it seems that the egyptian people don't agree on much these days one of the few things they do agree on is that egypt's economy needs to get back on the right track and as soon as possible. russia and turkey will try to shield growing economic and trade ties from a widening rift over the syrian confli
going to take on full on the billionaire how would you compare egypt's economy now to. father steve camile some lots more but it. was sixty five point six at central bank now we know still down fifteen point five billion dollars and this is a huge cut that with his own hand if that's even possible and. it affects investors no one will come to invest anything any here in egypt to do these e's fifty six took. a lot of unemployment to do is to add also six too soon we are going to feel sick she...